received their first job offer within the first three months after graduation
88%
were company sponsored, or already employed (2)
9%
were continuing their education (after graduation) (3)
18%
were starting a new business (4)
9%
postponed their job search
45%
did not seek employment for other reasons
18%
Companies that recruited second-year students on campus in past academic year
147
Companies that recruited second-year students via job boards in past academic year
n/a
(1) Seeking full-time professional employment.
(2) Includes graduates whose studies were financially sponsored by their employers and are returning to those employers, or who were employed while a student and will continue working for that employer.
(3) Enrolled/will enroll in further graduate studies.
(4) Starting a new business as owner. Does not include students accepting jobs with a salary in a new (startup) business.
Top 15 recruiting firms that hired the most graduates in the past 12 months and the number of students hired:
Firm
Graduates Hired
1. Staples
4
2. Liberty Mutual
4
3. Fidelity Investments
2
4. Blue Cross, Blue Shield of MA
2
5. AC NeilsonBases
1
6. Analysis Group/Economics
1
7. Boston Scientific
1
8. CVS Corporation
1
9. EMC Corporation
1
10. KPMG
1
11. Lehman Brothers
1
12. PriceWaterhouseCoopers
1
13. State Street Associates
1
14. Texas Instruments
1
15. Young & Rubicam
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$70,222
Median starting-base salary (excluding bonuses) for the Class of 2003
$70,000
Average first-year signing bonus
$6,100
Median first-year signing bonus
$5,000
Job-accepting graduates who received a signing bonus
20%
(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
2002 GRADUATES REPORT
Editor's Note: Based on responses to BusinessWeek's 2002 survey of graduates.
Median starting base-salary
$70,000
Median signing bonus
$8,000
Median other compensation
$25,000
Median MBA loans
$37,500
Average number of job offers at graduation
1.1
Average living expenses (not including tuition) over course of program
$39,796
Summer internship resulted in full-time employment
29%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
17%
Finance/Accounting
33%
General Management
0%
Human Resources
0%
Marketing/Sales
27%
Management Information Systems
3%
Operations/Logistics
9%
Other
11%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
0%
Eastern and Central Europe and Central Asia
3%
Latin America and the Carribean
2%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
92%
Oceania
0%
Western Europe
3%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
4%
Midwest U.S.
0%
Northeast U.S.
89%
South U.S.
4%
Southwest U.S.
3%
U.S. Possessions and territories
0%
West U.S.
0%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 106
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
Firm
Interns Hired
1. Liberty Mutual
11
2. Digital Bungalow
3
3. Fidelity Investments
3
4. EMC Corporation
2
5. Atlantic Trust/Pell Rudman
1
6. Boston Scientific Corporation
1
7. Gillette
1
8. H.P. Hood
1
9. Reebok
1
10. Risk Management Foundation
1
11. Staples
1
12. State Street Global Markets
1
13. Texas Instruments
1
14. Timberland
1
15. Wyeth Pharmaceuticals
1
Internship compensation:
Paid internships
89%
Average internship compensation (per week)
$814
Median internship compensation (per week)
$920
Average internship length (weeks)
10
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $700,000
Technology changes made over the past three years:
Computer upgrades and replacements; 100 mbs ethernet; Classroom enhancements; Internet 2 Consortium
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 5,720 MBA degrees since its founding. It has 5,524 living MBA alumni, and 2 MBA club(s) throughout 2 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 23% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $75, and a mean gift of U.S. $536. The school has not received a gift in excess of U.S. $10 million between Jan. 2001 and Oct. 2003, and the B-school endowment is U.S. $8,641,103
ADDITIONAL SCHOOL COMMENTS
1. The school has an early decision application deadline of Dec. 1, 2003.
2. The school has an application deadline of Feb. 15, 2004 for all merit based awards requests.
3. There is a financial aid loan deadline of March 1, 2004 for all applicants.
Information found in this survey was provided on behalf of the B-school by Warren Zola
Boutique Admissions Consulting -- MBA Mission
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